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Global Mining News in real time

Klondex’s flagship Fire Creek to provide ‘immediate positive cash’

By: Henry Lazenby Narrow-vein gold miner Klondex Mines this week announced the results of an independent preliminary economic assessment for its Fire Creek project near Elko, Nevada, which concluded that the project could be developed in a short time frame to be the cornerstone for Klondex’s growth. The PEA,... 

Veris Gold rises as restructuring committee investigates strategic alternatives

By: Henry Lazenby The TSX-listed stock of North American gold producer Veris Gold on Monday climbed after the company announced that a restructuring committee announced earlier this month was investigating strategic alternatives and planning the financial restructuring of the company. The three-man team is... 

Veris Gold stocks slashed in half on gold contract default

By: Henry Lazenby The TSX-listed stock of North American miner Veris Gold lost more than half its value on Wednesday afternoon after the company revealed that it had defaulted on two forward gold purchase contracts with Deutsche Bank’s (DB’s) London branch. The Vancouver-based mid-tier company, which is operating... 

Micromine completes first stage of automated data collection project at Diavik

By: Henry Lazenby Software solutions and services provider Micromine has completed implementing the first stage of the Pitram automated data collection project at the Diavik diamond mine, in Canada’s Northwest Territories, enabling the mine’s joint venture owners, Rio Tinto and Dominion Diamond Corp, to more... 

Veris Gold makes senior management appointments

By: Henry Lazenby TSX-listed miner Veris Gold this week made several immediate senior-level appointments, including the appointment of president Llee Chapman as CEO and director and Graham Dickson as COO. In addition to his COO position, Dickson would remain senior VP for corporate development. The company also... 

Cortez mine, US

By: Lisete Bigala A Barrick-owned mine situated in the US. 

Goldstrike property, US

By: Lisete Bigala An openpit mine situated in the US. 

Company Announcement: Evolving Gold Signs Second Drill Contract for Nevada Drilling

Attached please find a press release on: Evolving Gold Corp. (TSX-V:EVG) (OTCBB: EVOGF) (FSE:EV7) (the “Company”) is pleased to announce the signing of a drill contract with WDC Drilling, of Elko, Nevada, to provide reverse circulation drilling on Evolving’s portfolio of Nevada gold prospects.... 

Mining proves a mainstay for global consulting company

By: Shannon de Ryhove Offering a wide range of specialist services, South African founded SRK Consulting (SRK) has grown to become a global entity, with almost 75% of its business focused on the mining industry. 

Cortez mine, US 

By: Carla Thomaz Name: Cortez mine. Location: The Cortez gold mine is located 100 km south-west of Elko, Nevada, in Lander County, US. Brief history: From 1892 to 1932, Cortez silver mine was in operation and by 1964, Cortez Joint Venture (CJV) was formed with Placer Dome to explore the Cortez area. Mining of the... 

Cortez Hills gold project

The project involves the openpit development of two adjacent deposits, Cortez Hills and Pediment, and the transfer of ore 16 km across the valley by conveyor. Ore from the deposits will be milled at the existing Pipeline Mill or leached at a new facility to be constructed near the deposits. 

Mineral-laboratory firm opens new US facility

Mineral laboratory-services provider SGS Minerals Services has opened a sample-preparation lab in Elko, Nevada, in the US. 

AngloGold to sell US mine

By: Martin Czernowalow South African gold major AngloGold last week announced that it has entered into a purchase and sale agreement with Canadian miner Queenstake Resources USA, for its interests in the Jerritt Canyon Joint Venture. 

Jerritt Canyon

US 

South African giant is set to explore the Americas

By: System Author SA explores the Americas 

Cortez, Nevada, US

By: System Author Name: Cortez Location: About 110 km south-west of Elko, Nevada, US Brief description: Cortez consists of three distinct bodies; the Cortez open-pit mine, which began production in 1969, and two Carlin-type disseminated gold deposits known as the Pipeline and South Pipeline deposits, which came... 

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